- A preload is a sale fee or commission that an investor pays “up front”, i.e. when buying an asset.
- The percentage paid for preload varies depending on the investment company, but usually ranges from 3.75% to 5.75%.
- Although they leave less capital to invest, preload funds have lower operating fee and expense ratios.
- Workers' Compensation
September 25, 2022
- Workers’ compensation is a form of employers’ insurance coverage that pays benefits to workers who are injured or disabled as a result of their work.
- Workers' Compensation Coverage A
September 25, 2022
- Workers’ Compensation A protects workers under state law.
- 12B-1 Fund
September 25, 2022
- The 12b-1 fund bears the 12b-1 commission, which covers the fund’s selling and distribution costs.
- Abnormal Return
September 25, 2022
- An abnormal return is a return that deviates from the expected return on an investment.
- Accidental Death Benefits
September 25, 2022
- An accidental death benefit is paid to the beneficiary of the accident insurance policy.
- Accidental Death and Dismemberment Insurance (AD&D)
September 25, 2022
- Accidental death and dismemberment (AD&D) insurance is usually added as an add-on to a life insurance policy.
- Actuarial Life Table
September 25, 2022
- The statistics in the actuarial life table calculate, among other things, the probability of surviving to a certain age.
- Adjustable Life Insurance
September 25, 2022
- Regulated life insurance allows policyholders to make adjustments to their cash value, premiums and death benefits.
- Aleatory Contract
September 25, 2022
- an aleatory contract is an agreement under which the parties are not required to perform certain actions until a certain event occurs.
- All Risks
September 25, 2022
- All risks - a comprehensive insurance policy offered on the property accident insurance market.
- Allocated Loss Adjustment Expenses (ALAE)
September 25, 2022
- Allocation expenses (ALAE) are expenses related to a specific insured event.
- Annual Turnover
September 25, 2022
- The turnover rate is calculated by counting the number of times an asset, security or payment changes hands during a year.
- Asset Management Company (AMC)
September 25, 2022
- An asset management company (AMC) invests pooled client funds in various securities and assets.
- Assurance
September 25, 2022
- A guarantee refers to a financial cover that provides a reward for an event that is bound to happen.
- Automatic Premium Loan
September 25, 2022
- Automatic premium loans allow you to apply the cash value of a permanent life insurance policy to past due premium payments.
- Balanced Fund
September 25, 2022
- Balanced funds are mutual funds that invest money in a variety of asset classes, including stocks and bonds with low to medium risk.
- Bancassurance
September 25, 2022
- Bancassurance is an agreement between a bank and an insurance company, through which the insurer can sell its products to the bank’s customers.
- Business Development Company (BDC)
September 25, 2022
- A business development company (BDC) is a type of closed-end fund that invests in growing and financially troubled firms.
- Cash Surrender Value
September 25, 2022
- A cash surrender value is the amount of money a life insurance company pays out to a policy or annuity holder if they decide to terminate the plan.
- Cash Value Life Insurance
September 25, 2022
- Permanent life insurance policies, such as life insurance or universal life insurance, can accumulate monetary value over time.
- Certificate of Insurance (COI)
September 25, 2022
- A certificate of insurance (COI) is issued by an insurance company or broker and confirms the existence of an insurance policy.
- Closed-End Fund
September 25, 2022
- The initial capital of a closed-end fund is formed by a one-time placement of a limited number of shares of the fund.
- CoInsurance
September 25, 2022
- Co-payment plans can make it easier for insurers to plan their out-of-pocket costs as it is a fixed amount.
- Combined Ratio
September 25, 2022
- The combined ratio is a measure of profitability used by an insurance company to evaluate how well it performs in its day-to-day operations.
- Commingled Fund
September 25, 2022
- Mixed - this is when an investment manager accumulates money from several investors and combines them into one fund.